26, SPENSER WAY, JAYWICK, CLACTON-ON-SEA, CO15 2QX - £245,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

26 SPENSER WAY is a large extended detached house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £291,065. It was last sold for £245,000 in December 2017, which was around 21% below the average December 2017 detached price in the Tendring local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

26 SPENSER WAY Sold Prices

Land registry data shows three sales for 26 SPENSER WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Tendring local authority area for the corresponding sale date. All of the three 26 SPENSER WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 14 DEC	£245,000	£310,443	21% below HPI
2007 5 NOV	£168,000	£242,282	31% below HPI
1999 21 SEP	£63,000	£91,328	31% below HPI

26 SPENSER WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tendring local authority area over time, sourced from the HPI. The three 26 SPENSER WAY sales between September 1999 and December 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2007 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2017 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 26 SPENSER WAY be worth now?

26 SPENSER WAY might now be worth an estimated £291,065.

This is based on house price inflation of 18.8%, between December 2017 and May 2026, for detached houses, in the Tendring local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.8% inflationary increase is applied to the most recent sale price for 26 SPENSER WAY of £245,000 on 14th December 2017. For the value to have increased from £245,000 to £291,065 over the nine years and seven months to May 2026, the following assumptions must hold true:

• The value of 26 SPENSER WAY has moved in line with the HPI for detached houses in the Tendring local authority area.
• The December 2017 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 26 SPENSER WAY has not materially changed since December 2017.

How Large is 26 SPENSER WAY?

26 SPENSER WAY is 71m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 40% of detached houses houses in Jaywick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Jaywick, and where 26 SPENSER WAY lies on this distribution: 68% of detached houses houses are smaller than 26 SPENSER WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in Jaywick.

26 SPENSER WAY: Plot and Title Map

26 SPENSER WAY sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 26 SPENSER WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 26 SPENSER WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 26 SPENSER WAY?

26 SPENSER WAY is located in JAYWICK, in the CO15 postcode district. The below map shows the position of No. 26 on SPENSER WAY.